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Mar 20, 2013
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. >> but no tax increases. >> no tax increases. the president already got $650 billion worth of tax increases january 1st. he got a trillion dollars worth of tax increases in obama care. this year the federal government will bring in more revenue than any year in our history and yet we're still going to have a trillion dollars budget deficit. spending is the problem. >> the white house says in response, yes, it's true. taxes went up more than $600 billion over ten years at the end of the year but it is also true the white house put $1.5 trillion worth of spending cuts in their budget. the truth is you're both right. i mean, they have offered spending cuts. the taxes did go up. it still hasn't made enough of a dent. you still have to sit down and do something. >> right. i think we're doing our budget this year. actually we're doing it this week here in the house. our budget will balance in ten years. we're going to pass our budget. hopefully the senate will pass their budget. except their budget never comes to balance. the president
. >> but no tax increases. >> no tax increases. the president already got $650 billion worth of tax increases january 1st. he got a trillion dollars worth of tax increases in obama care. this year the federal government will bring in more revenue than any year in our history and yet we're still going to have a trillion dollars budget deficit. spending is the problem. >> the white house says in response, yes, it's true. taxes went up more than $600 billion over ten years at the...
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Mar 25, 2013
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. >> both cases, same question -- can the government, in giving out benefits, whether it's taxes, whether it's marriage, whether it's child custody, say gay people get one set of benefits and straight people get another? can gay people get less? those are really the questions in both cases, and the court has never really answered that question clearly. and we should know a lot more tomorrow. >> and in terms of court watching, we know that there are generally four -- traditionally four liberal justices we assume will support same-sex justices, three or four conservative justices who will probably oppose it. does this, like so many other cases before it, come down to justice kennedy? >> anthony kennedy is the most powerful judge and maybe the most powerful person in america because of the split you talk about. one reason why supporters of same-sex marriage are optimistic about his vote is that, even though kennedy usually sides with the conservatives, gay rights has been a subject where he has sided freeblquently withe liberals, the author of the two most important gay rights decisions at t
. >> both cases, same question -- can the government, in giving out benefits, whether it's taxes, whether it's marriage, whether it's child custody, say gay people get one set of benefits and straight people get another? can gay people get less? those are really the questions in both cases, and the court has never really answered that question clearly. and we should know a lot more tomorrow. >> and in terms of court watching, we know that there are generally four -- traditionally...
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Mar 18, 2013
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but the savings tax. essentially, a 6.75% tax on $131,000 and below. you get the picture. if you have $131,000 in the bank right now, and this thing gets approved tomorrow, if that happens, they would come in and take about $9,000 out of your account. even more if you have more. now, the plan is if you do this, you get shares of the bank, and then, jake, when everything gets fixed, theoretically, you get your money back and maybe some more. >> tom, you said cypriots. i said cyprus. >> we'll settle that later. >> thank you so much. >>> also leading money news, how bad are things for the ironically named carnival cruise lines? pretty bad. the company's latest troubled ship made it back to port without the toilets acting up, and that was the good news. the carnival legend arrived in tampa yesterday. passengers had a skip a stop in grand cayman and got a $100 refund. not a big deal, but the latest of pr icebergs for this company. here's the real doozy. when the cruise line gets in trouble, it's you who ends up getting soaked. "the lead's" erin mcpike is here with more. how is
but the savings tax. essentially, a 6.75% tax on $131,000 and below. you get the picture. if you have $131,000 in the bank right now, and this thing gets approved tomorrow, if that happens, they would come in and take about $9,000 out of your account. even more if you have more. now, the plan is if you do this, you get shares of the bank, and then, jake, when everything gets fixed, theoretically, you get your money back and maybe some more. >> tom, you said cypriots. i said cyprus....
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Mar 22, 2013
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so basically taxed and regulated the industry. this is much more different than even what is the case in places like amsterdam where everybody thinks it's sort of, you everywhere. this is even more expansive than that. this is two states but people that are believers in the industry really think that this opens the pathway for legalization, you know, in many more states down the road and the opening of a huge industry. >> lee, your article also mentions this network that links up marijuana startups with investors but you write that this is not just a bunch of pot heads sitting around sharing ideas. who are these people? >> no. that's what's most interesting. that's what shows you that this is really an industry that people have high hopes on. this is a -- this company basically brings entrepreneurs into a room with potential investors and lets them kind of give their elevator pitch and the entrepreneurs can meet with the investors and do deals of whatever kind they want. the kinds of investors coming to these meetings are basicall
so basically taxed and regulated the industry. this is much more different than even what is the case in places like amsterdam where everybody thinks it's sort of, you everywhere. this is even more expansive than that. this is two states but people that are believers in the industry really think that this opens the pathway for legalization, you know, in many more states down the road and the opening of a huge industry. >> lee, your article also mentions this network that links up...
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Mar 26, 2013
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sports through loopholes. >> the tax exemption is just one of many subsidies. we've really socialized the cost of sports and prove advertised the profits. >> cities are cutting their team's tax breaks including security, stadiums, and sprawling parades. >> we, the people, and congress actually gave these leagues tax exemptions and it's something that we could very easily take away if we wanted and we should ask ourselves are we truly getting a return on the investment? >> just this month the atlanta mayor announced a $1 billion plan to build a new football stadium for the falcons, at least $200 million of which will come from taxes. a sum he said would boost his city. >> our convention and tourism business employs 229,000 people. this is our core business in this town. >> it's from those tourists much of the money will come, the balance for the stadium is slated to come from hotel taxes. nevertheless the nfl also listed as a nonprofit made more than $9 billion last season, but at least they had a season. this year's nhl lockout meant the kings and other hockey
sports through loopholes. >> the tax exemption is just one of many subsidies. we've really socialized the cost of sports and prove advertised the profits. >> cities are cutting their team's tax breaks including security, stadiums, and sprawling parades. >> we, the people, and congress actually gave these leagues tax exemptions and it's something that we could very easily take away if we wanted and we should ask ourselves are we truly getting a return on the investment?...